The Business Times, 7 August 1999

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Microfilm: NL21521
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Lock icon Masthead
    11 1 THE BUSINESS TIMES nir^^-7 85c SINGAPORE Internet: http://business-times.asial.com.sg/ SATURDAY, AUGUST 7,1999
    11 words
  • Article
    Lock icon MARKET SUMMARY
    65 1 m 20*22 (-12.91) nn-su KM ***** (-5.89) smsa FUTURES 28L00 (-0.60) STOCK MAHET DQHCEB Friday Change KLSE COMP 703.09 -189 NIKKEI 17,***** -271* .UANG SENG 13,167.06 -9138 SET INDEX 437.04 -10.06 JAKARTA COMP 607.84 +1*7 MANILA COMP _1»8J4 -49.60 TAIPEI WPI «£23J2 -***** SEOUL COMP ***** -Ml CLSA
    65 words
  • Article
    Lock icon FINANCE
    82 1 FOBEX BATES us$ ss US« 1.671 £(US&/S$ per S) 1.618 1704 EURO(US$/S$ per E) 1.074 1.7* 'DM LBt 0518 YEN 1114 1.462 RM 1800 0.446 HKS 7.763 0il6 BAHT J7 M 0.046 RL'PIAH 6396 0.084 'SS to 100 units PBOKE BATES SINGAPORE* 5.81 KUALA LUMPUR 7.25 JAKARTA 40 00
    82 words
  • Article
    Lock icon CONTENTS
    26 1 SINGAPORE X 3 ASIA ON THE MEND 4 REGION S, 6 WORLD 7 TV 9 LIFESTYLE 10 COMPANIES 11-13 FINANCE 14 COMMODITIES 15 STOCKS 16-20
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  • Article
    Lock icon Banks bounce back with sparkling results
    767 1  -  $1.36b interim profit of 4 banks already exceeds $1.2b of all 5 last year By I Siow Li Sen [SINGAPORE] Singapore banks have bounced back with a vengeance just a short six months after the worst downturn the city state has ever had. With
    767 words
  • Article, Illustration
    Lock icon Sim Wong Hoo looks beyond ho-hum results to the Internet
    1044 1  -  Creative Tech posts lacklustre results but gives more details of its new strategy By, Jennifer Lien [SINGAPORE! Creative Technology chairman Sim Wong Hoo wants Investors to look beyond the June quarter's lacklustre results Into a new, entertainment-centric Internet future. Unveiling
    1,044 words
  • Article
    Lock icon Getting Creative.com right this time
    723 1  -  HOCK LOCK SIBW Sim Wong Hoo's plans to enter the Internet game are falling into place, says Kenneth James Kenneth James IN January, Creative Technology chairman Sim Wong Hoo unveiled his plan to produce an array of "personal digital entertainment" devices. Analysts savaged the idea.
    723 words
  • Article
    Lock icon US jobs surge fuels expectations of Fed rate hike
    407 1 The pace of wage increase is the smoking gun, says an analyst Bloomberg, Reuters [WASHINGTON] US stocks and bonds eased yesterday morning following news that the booming American economy created a surprisingly strong 310,000 new jobs last month. Workers' average hourly
    Bloomberg,; Reuters  -  407 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S$ powers to 7-month high ahead of Q2 GDP
      622 2  -  Fears of stronger US jobs data also give S$ a boost bnt some don't see unit on one-way ticket up By, Larry Wee THE Singapore dollar muscled its way higher to end at $$1.6665 against the US dollar yesterday, even as
      Source: Reuters  -  622 words
    • Article, Illustration
      Lock icon Pidemco pays $65m for River Valley site
      460 2  -  The 38,200 sq ft prime site is its first residential boy in '99 Carol Eng PIDEMCO Land has made its first residential land purchase in Singapore this year a prime 38,200 square feet shophouse site at River Valley for $65 million, or $447
      CHRIS LOH  -  460 words
    • Article
      Lock icon Private sentiment up; now what of the government's?
      815 2  -  EYE OH THE ECONOMY By. Anna Teo SURVEY after survey has found that confidence in Singapore has surged across the board, with both consumers and companies a whole lot more upbeat. This pickup did not occur overnight: In some surveys, the marked
      815 words
    • Article, Illustration
      Lock icon STB expects up to 6.7m visitor arrivals this year
      556 3  -  Visitor arrival growth forecast raised to 6-8% as HI exceeds expectations By] Eugene Low FOLLOWING better-than-ex-pected visitor arrivals in the first half of the year, the Singapore Tourism Board (STB) has raised its forecast of the number of travellers coming here
      FILE PHOTO  -  556 words
    • Article
      Lock icon Will ANA end up like UIC?
      138 3  -  Eric Ang Teck Sin I REFER to your Hock Lock Slew column "Why give away ANA's listed status?" (BT, Aug 6). I cannot agree more with this question for DBS Land: Why free? Business is not charity, especially when there are public members as
      138 words
    • Article
      Lock icon Why does it take two weeks to list rights shares?
      127 3  -  Denis Distant THERE seems to be some anomaly here: Shares allotted in an IPO are usually listed two days after the offer closes; yet in the case of a rights issue, where mainly existing shareholders are involved and so their
      127 words
    • Article
      Lock icon Haw Par Healthcare'sprudent
      199 3  -  MAXLBAG Ong Li Peng Manager (Corporate Affairs) Haw Par Corporation Limited Mrt,K to Yeo Seng Chong's letter on Haw Par Healthcare (BT, Aug 3). We thank Mr Yeo for his compliments on our group and note his views on managing Haw Par Healthcare's cash holdings. Unlike its
      199 words
    • Article
      Lock icon Firms disguise retrenchment
      217 3  -  Z Y Liu Singapore via Internet I READ with interest the news that retrenchment in Singapore is down. It is interesting to note this improvement, but is it only a statistical phenomenon? Does the average person realise that companies use a variety of tactics to disguise retrenchment?
      217 words
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      Lock icon Page 3 Advertisements Column 1
      45 3 THEBUSJNESSTMES f5 rln, Shipping times aweel |H| i ————Jggg%T9r?W^BH»M MWM■■ J|B«flmMßßfl Personal Finance Unit Trusts Property jp Stocks Epicure Style A •Motoring •Travel f Every Friday f J m THE BUSINESS TIMES. 1 v 4 must-read y CsiJt/ 1 for your long weekend. v V
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      Lock icon Page 3 Advertisements Column 2
      1 3 btletter@sph.com.sg
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  • ASIA ON THE MEND
    • Article
      Lock icon Bond investors show their fickle nature
      626 4 Mer&lco forced to shelve sale; Petron&s sells only half initially intended Bloomberg [HONGKONG] Manila Electric Co and Petroliam Nasional Bhd, two of Asia's biggest utilities, learned this week just how fickle bond investors can be. Manila Electric, the Philippines' largest electricity distributor, was hoping
      Bloomberg  -  626 words
    • Article
      Lock icon Future policy on yuan 'hard to say'
      266 4 Bloomberg [BEIJING! China's central bank reiterated yesterday that it had no plan at the moment to change its exchange rate policy, though a spokesman said "it's hard to say" what adjustments may take place next year. The comment, which is in line with
      Bloomberg  -  266 words
    • Article, Illustration
      Lock icon Subianto admits to irregularities in Bank Bali deal
      550 4 Reuters [JAKARTA] Indonesian Finance Minister Bambang Subianto said yesterday there had been irregularities in a bank loan-recovery deal that has attracted growing controversy and sent tremors through financial markets. Asked by reporters whether there had been irregularities in the deal, Mr Subianto
      Reuters  -  550 words
    • Article, Illustration
      Lock icon Maybank seen keeping top spot after mergers
      469 4  -  From Diana Oon Abdullah in Kuala Lumpur MALAYAN Banking Bhd will still keep the top spot in the post-merger Malaysian banking scene, analysts said, as lists of proposed merger partners continued to be released yesterday. "There was some concern that Maybank would lose
      FILE PHOTO  -  469 words
    • Article
      Lock icon M'sian industry upbeat on profits: survey
      406 4 Bloomberg [KUALA LUMPUR] More than half of Malaysia's manufacturers expect profits to rise in the second half of 1999 as the economy recovers, according to a quarterly survey of 151 firms by the Federation of Malaysian Manufacturers. That's more than the previous quarterly survey,
      Bloomberg  -  406 words
    • Article
      Lock icon Manila wants to open up banking sector
      731 4 Local banks will have to cat costs to remain profitable Bloomberg [MANILA] Philippine banks emerged from Asia's economic crisis in better shape than their regional peers. Now they face another challenge more foreign competition. Germany's Deutsche Bank AG, the Bank of Tokyo-Mitsu-bishi and
      Bloomberg  -  731 words
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      40 4 SKipEii nm 12® attwi*? PET SUBJECT i,.._ 1 TKAIMB MAVTWUL Orngt j jsrxtrsss^r) ystsaa— nma'mv rjl *"W «JSL^P*W»W gS®SBS« «*L. Sniff around The Straits Times Classified to find a suitable pet. CAT-S. 2 Buy h. ScH It. Find H. o
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  • REGION
    • Article
      Lock icon Taiwan tensions drag Shanghai B shares down 3.9%
      397 5 SHANGHAI Rumours of brushes between Chinese and Taiwan warplanes spook markets AFP, Reuters, Bridge News SHANGHAI'S B shares yesterday closed down 3.9 per cent but off sharp morning lows triggered by rumours of confrontations between Chinese and Taiwan warplanes, analysts said. The
      AFP,; Reuters,; Bridge News  -  397 words
    • Article
      Lock icon Taipei set to cancel US$1.5b deal to buy Boeing aircraft
      369 5 SEATTLE SEATTLE China Airlines likely to buy Airbus planes instead: US officials Bloomberg TAIWAN'S government, angered at US support of mainland China, is likely to drop plans to buy Boeing Co aircraft worth US$l.5 billion (552.5 billion) in favour of
      Bloomberg  -  369 words
    • Article
      Lock icon Muted welcome to yuan business rules relaxation
      418 5 SHANGHAI AFP FOREIGN bankers yesterday gave a qualified welcome to a central bank decision allowing some of them a longer leash to pursue local-curren-cy business in China. The People's Bank of China late on Thursday announced that banks previously limited to doing trial
      AFP  -  418 words
    • Article
      Lock icon Guangzhou Itic revamp plan at year's end
      127 5 HONGKONG Reuters CHINA'S struggling Guangzhou International Trust and Investment Corp will offer a concrete restructuring plan to its creditors only in November or December, foreign creditors said after a meeting yesterday. "There was nothing concrete. They said we have to wait until November
      Reuters  -  127 words
    • Article
      Lock icon Philippines accuses Taiwan of foot-dragging
      319 5 maxila-taipex air row Bnt it says there's room for talks on non-profit-sharing flights Reuters [MANILA] The Philippines accused Taiwan of "intransigence and foot-dragging" over an airline dispute yesterday but held out some hope of resolving the row. A presidential spokesman in Manila said the two
      Reuters  -  319 words
    • Article
      Lock icon C&W HKT ups residential line tariff by 30%
      430 5  -  Move to help offset reduced income from international calls From Quak Hiang Whai in Hongkong CABLE Wireless HKT, formerly known as Hongkong Telecom, will raise its local residential telephone charges by over 30 per cent from next month to help make up
      430 words
    • Article, Illustration
      Lock icon What poses as art
      58 5 [SYDNEY] Models stand as live art by US artist Vanessa Beecroft at the Museum of Contemporary Art in Sydney this week. In a combination of art, theatre and fashion, the group of identically<lad women are arranged in the gallery in a striking formation, moving only slightly
      AFP  -  58 words
    • Article
      Lock icon Take Jakarta to court over haze: green group
      260 5 JAKARTA Experts say fires in Indonesian Borneo spreading fast Reuters [JAKARTA] Environmental monitors yesterday called for Indonesia to face an international court over what is becoming an annual disaster haze from forest fires in Indonesia. An official at an Indonesian environmental watchdog
      Reuters  -  260 words
    • Article
      Lock icon Heavy Aussie reliance on foreign capital: Moody's
      429 6 SYDNEY Bloomberg AUSTRALIA'S ability to gain a higher credit rating hinges on the country stemming its dependence on overseas funds, Moody's Investors Service said. Any improvement "will hinge on the country's ability to reduce its reliance on foreign capital and achieve lower, sustainable
      Bloomberg  -  429 words
    • Article
      Lock icon Korea Life to be nationalised, bid by US group rejected
      450 6 SEOUL Watchdog aims to iqject up to 2.7 trillion won into insurer AFP SOUTH Korea yesterday said it will nationalise the insolvent Korea Life Insurance Co, brushing aside an llth-hour bid by a US consortium to take over the country's
      AFP  -  450 words
    • Article, Illustration
      Lock icon Life imitates death
      43 6 [HIROSHIMA] Protesters at a "die-in" demonstration against nuclear weapons in front of the atomic bomb dome near the Hiroshima Peace Memorial Park yesterday. Japanese commemorated the 54th anniversary of the atomic bombing which killed over two hundred thousand people. AFP
      AFP  -  43 words
    • Article
      Lock icon Korea Gas may opt for GDRs in Nov
      323 6 SEOUL Reuters SOUTH Korea's state run gas monopoly Korea Gas will issue global depositary receipts in November, if it could not find a strategic foreign investor, Commerce Minister Chung Duck Koo said yesterday. The global depositary receipts would be issued after Korea
      Reuters  -  323 words
    • Article
      Lock icon Enron mulls buying stakes in India's oil, gas fields
      211 6 NEWDELHI Bloomberg ENRON Corp is considering buying stakes in Indian oil and gas fields through its subsidiary companies to expand their business in the country. The Houston-based energy trading and marketing company's units are in talks with Tata Petrodyne Ltd, a
      Bloomberg  -  211 words
    • ASIA Notes
      • Article
        Lock icon Slump blamed for higher Japan suicides
        116 6 AFP [TOKYO] Japan blamed a biting recession yesterday for a 40 per cent leap in male suicides which shortened average life expectancy for the first time since the kilter Kobe earthquake. The figures revealed in a health and welfare ministry report showed the total
        AFP  -  116 words
      • Article
        Lock icon Seoul suspends 1t won bond sale
        96 6 Bloomberg [SEOUL! South Korea said yesterday that it had postponed a sale of government bonds totalling about one trillion won (551.39 billion) initially scheduled for next week. The finance and economy ministry said in a statement that a new schedule for treasury bond sales
        Bloomberg  -  96 words
      • Article
        Lock icon Honda to set up Indian scooter unit
        111 6 Reuters [NEW DELHI] Japan's Honda Motors Company is planning to set up a subsidiary to manufacture scooters in India with an initial capacity of 100,000 units per year, a joint statement of Hero Honda Motors Ltd and Honda Motors Co Ltd said yesterday.
        Reuters  -  111 words
      • Article
        Lock icon India urged to allow free Internet trade
        74 6 Reuters [NEW DELHI] India must allow free trade over the Internet to gain from the emerging electronic commerce business, a senior government official said yesterday. "By treating cyberspace as a tax-free space, at least for a decade, India can position itself better to
        Reuters  -  74 words
    • Article
      Lock icon Japan's Namihaya Bank may fold
      363 6 TOKYO It may not be able to pay back deposits, asks to be put under state control AFP JAPAN'S troubled Namihaya Bank Ltd applied to be put under state control yesterday, warning it may not be able to refund all deposits. "We submitted documents to
      AFP  -  363 words
    • Article, Illustration
      Lock icon Australia likely to introduce capital gains tax changes
      270 6 CANBERRA Move aimed at attracting overseas investors: Howard Reuters AUSTRALIAN Prime Minister John Howard yesterday confirmed there would be changes to the capital gains tax system as a result of the Ralph review into business taxation. "I can foreshadow that there will
      Reuters; FILE PHOTO  -  270 words
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      Lock icon Page 6 Advertisements Column 1
      63 6 inuir TAU "T ITF campaign vessel highlights A|| unsavoury side of shipping Wf HA IV ii r —<"»<— *rA tim iTnrBr < —«»li'iJSirf vEZmSm*MHriyjL' MM m ~n» SISSiKSitS TheWutr7luuint,byit>elt,bMaaklat» I I ytiriiiiiiiiJ* P"® to ktn mm 4nL Ow «t iht ivnwiMMirr *ort «<«(• u _j «*m W «aMf" Js ::j""
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  • THE WORLD
    • Article
      Lock icon IMF: US at risk of steep share shock
      564 7 WASHINGTON Economy doing great but Fed rates may have to rise to curb inflation, and risk of Dow dive looms large Reuters THE International MonetaryFund praised the US' remarkable economic performance on Thursday, but said the chance of a steep fall in
      Reuters  -  564 words
    • Article, Illustration
      Lock icon BNP's bid: small shareholders hold key
      523 7 PARIS They hold 13.9% of SG stock, and 11% of Paribas shares AFP BNP and Societe Generale (SG) banks each claimed victory in a massive three-way French takeover battle yesterday hours before voting closed at midnight, but their fate appeared to lie in the
      AFP  -  523 words
    • Article
      Lock icon UK ministers may lose M&A powers
      325 7 LONDON Reuters BRITISH ministers will lose most of their powers to vet mergers and takeovers worth billions of pounds under government proposals published yesterday. Trade and Industry Secretary Stephen Byers said the government plans would hand authority to an independent competition commission to rule
      Reuters  -  325 words
    • Article
      Lock icon Foreigners cool off on US Treasury but still like stocks
      257 7 NEW YORK AFP FOREIGNERS are showing markedly less interest in US Treasury notes this year when, for the first time since 1974, they may sell more than they buy but still like US stocks, the Securities Industry Association (SIA) said
      AFP  -  257 words
    • Article, Illustration
      Lock icon Soaring Wall St wages leave others behind
      411 7 NEW YORK Pay gap pushes property prices oat of reach of workers Reuters WALL Street traders and investment bankers earned almost US$2OO,OOO (*****,180) on average last year, a 10 per cent jump that left the rest of New York City's workers in the
      Reuters; FILE PHOTO  -  411 words
    • Article
      Lock icon Clinton vows to veto Republican tax cut bill
      417 7 WASHINGTON He says new data shows his policies are working well AFP, Reuters, Bloomberg PRESIDENT Bill Clinton pledged yesterday to veto a US$792 billion (551.32 trillion) tax cut approved by Con gress, saying: "This tax cut will not become law." "I am
      AFP,; Reuters,; Bloomberg  -  417 words
    • Article
      Lock icon FCC approves plan to ease price rules on regional Bells
      462 7 WASHINGTON Bloomberg US regulators approved a plan that will, in certain cases, free the regional telephone companies from price regulations that prevent them from offering businesses better deals for Internet, phone and data communications. The Federal Communications Commission now dictates
      Bloomberg  -  462 words
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  • FOCUS
    • Article, Illustration
      Lock icon A future hampered by past's subsidies
      1662 8 Barriers to raising productivity in Japan include a gentle, merciful brand of capitalism one that keeps dying businesses on artificial life support NYT IF Japan could shore up productivity dramatically, then fewer workers could still produce as much as today's workforce or even more.
      NYT; FILE PHOTOS  -  1,662 words
  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      515 8 Vessel Voy Mo Berth Arrival Departure Jvoog Nrt Hyderabad '87-Hw J06 06/08/0 40 06/08/23:00 Usafta Bam 0CC-99 J03 06/08/15 00 07/08/15 00 .'73/99 JT7 06/08/2200 09/08/700 BnHunt Pc 5 J04 06/08/23:59 07/08/2300 WWdendort T J06 07/08/4*00 08/08/600 Bt Wryrwwttt ***** J01 07/08/800 07/08/1500 Km Vlrqo V»12 jli 07/08/800
      515 words
    • Article
      Lock icon CONTAINER SCHEDULES
      1501 8 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Booking/EUlonce Rstls Ship Voy No Etb/Btr Period From To From ku if 65N 04/1000 IA 06/1500 04/1449 tfcHM 04/1500 04/1451 04/1900 U 04/000 WWI MM 21 04/1700 07/0459 07/0*00 I 07/0700 07/H59 07/M00 4 07/1200 07/1459 07/1700 »f4»ori oto oi/noo
      1,501 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Saving HK's film industry
      682 9  -  Film-maker John Chu has a 'magic wand' of digital effects to draw crowds back, tam ee lym reports TAN EE LYN Reuters HONGKONG'S once-vibrant movie industry runs the risk of sliding into obscurity before long with investors pulling out, scared off by runaway copyright piracy. But
      Reuters  -  682 words
    • Article, Illustration
      Lock icon Online music's the way to go
      1085 10  -  It'll be a boon to shoppers, but a threat to music retailers, says Stephanie stoughton STEPHANIE STOUGHTON LAT-WP ONLINE shoppers are dreaming about the day when they'll be able to easily purchase any song by downloading and then copying it onto a compact disc.
      LAT-WP; PILE PHOTOS  -  1,085 words
    • Article, Illustration
      Lock icon Rejoice, choc lovers — it's healthy!
      282 10 Rejoice, choc lovers it's healthy! HEALTH Study finds antioxidant content of chocolate fonr times that of tea Reuters [LONDON] Feeling guilty about that chocolate snack? Don't! Researchers yesterday confirmed what the industry has said for years chocolate is a good source of the kind of antioxidants found in tea. A
      Reuters; FILE PHOTOS  -  282 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Lock icon Page 9 Miscellaneous Column 1
      1832 9 CRYPTIC CROSSWORD 9 Destitution is clearly evident Hf ~HH |Hf 10 Chisel inscription in French 9 12 A recurrent lottery prize (5) Pi 13 Assembly offers reduction in 16 Facility that can be arranged 17 Token number given Greek and English money 18 Musical accompaniment of- 18 I h9 j
      1,832 words
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      273 10 Where to wine, dine and entertain... Two of Sydney's finest chefs will prepare dishes such as Emu and Kangaroo Prosciutto, Pacific Oysters, as well as traditional desserts like Pavlova and Wattleseed Creme Brulee. Plus win a return air ticket to Sydney with accommodation at Parkroyal Darling Harbour. Lunch: #23.50 (Adult),
      273 words
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      130 10 "1212" LUNCH PROMOTION (From 12 noon 2.30 pm daily) Come and try our value for money "1212" lunch promotion bring at least one friend to enjoy the following special prices and discount. [—I r~ li M [Mtmril Orfy naictor QMirtv "MorT Chicken Rice $8!50'~SV00 $4.25 Tue Nasi Goreng $7.50 $2.00
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      Lock icon Page 10 Advertisements Column 5
      34 10 the 'Wyß Revolving Restaurant! 5-15 i I AUGUST 1999 (1 y Please call A 21 f° r reservations m at 831-6258/88 lc volvlnf l*tk gg Ma/tJkirut l|J Sukjfaporr !?T3 333 Orchard Road. Singapore *****7
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon UOB set to regain profit lead over OCBC
      772 11  -  Bank posts 24.5% jump in HI profit to $320 m; says H2 looks quite bright Ry[ Siow Li Sen [SINGAPORE] United Overseas Bank (UOB) yesterday reported net interim profits of $320 million, an increase of 24.5 per cent due mainly to lower
      ARTHUR LEE  -  772 words
    • Article
      Lock icon Interim net earnings at UOF up 88.8%
      190 11  -  Clarissa Tan [SINGAPORE] United Overseas Finance has chalked up some rather auspicious numbers for the first half net earnings rose 88.8 per cent to $8.5 million. The higher profit was due to higher net interest income which in turn came from better interest
      190 words
    • Article, Illustration
      Lock icon OCBC results likely to disappoint analysts
      925 11  -  But shareholders will welcome special interim dividend By < Conrad Raj [SINGAPORE] OCBC Bank chief executive Alex Au referred to his bank's 22 per cent increase in interim profit to $269.19 million as "creditable results" but analysts who, on average, are looking for a
      CHRIS LOH  -  925 words
    • Article
      Lock icon Creative warns of lower sales this qtr as it clears inventory
      545 11  -  Q4 operating profit without USsl2.6m gain -at US$2mJ By. Jennifer Lien [SINGAPORE] Creative Technology, whose fourth-quarter operating profit came in sharply below analysts' expectations, yesterday warned of lower sales this quarter as it clears inventory of low-end graphics cards.
      545 words
    • Article
      Lock icon KepCorp: Analysts see strong upside potential
      449 11  -  By' Ven Sreenivasan [SINGAPORE] Keppel Corp's strong interim earnings failed to inspire a rally in its stock, but market experts see the current weakness as a great opportunity to accumulate the counter. Analysts and dealers see strong medium-term upside potential in the stock and
      449 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Pacific Can under judicial managers, CEO sacked
        417 12  -  Latest moves at troubled can maker come after intense boardroom tussle By 1 Teh Hooi Ling [SINGAPORE] Deeply-trou-bled can maker Pacific Can Investment Holdings has come under judicial management and its chief executive officer has been removed. Pac Can, whose shares have been
        417 words
      • Article
        Lock icon Half-time score
        110 12 As of yesterday, 35 locally-listed companies had released their results for the six months ended June 30, 1999. They recorded a combined $2,058.7m in group profits, up 99.3% over the same period last year. The breakdown is as follows: No with profits i 35 No with io—m 0
        110 words
      • Article
        Lock icon Acer Int'l adds two M'sian units to group
        279 12  -  By. David Boey [SINGAPORE] Acer Computer International (ACI) issued a string of updates yesterday relating to the establishment of new subsidiaries in Malaysia and Indonesia and the performance of its Mexican associate company. ACI said Megabuy Sdn Bhd, which does retail sales
        279 words
      • Article
        Lock icon KS Tech more than doubles to 51 cents
        263 12  -  By! Soh Tiang Keng [SINGAPORE] KS Tech bucked the weak stock market trend when it made a strong debut yesterday, closing at 51 cents more than double its offer price of 23 cents. Shares of the specialist industrial equipment firm opened at
        263 words
      • Article
        Lock icon KepTL buys 2 AIB arms for $41m
        280 12  -  Irish bank to get 10.28 m shares for its private banking, treasury ops Clarissa Tan [SINGAPORE] Keppel Tat Lee Bank (KTL) will buy the private banking and treasury operations of Allied Irish Banks (AIB) in Singapore for $41.2 million to be paid for
        280 words
      • Article
        Lock icon Globe Telecom's US$220m bond too big a load: analysts
        387 12  -  Globe disagrees, saying issne within borrowing capacity From Al Labita in Manila THE US$22O million (*****.4 million) "yankee bond" of Globe Telecom, the listed SingTel-Ayala Corp venture, may be too much of a debt burden to bear in the long run,
        387 words
      • Article
        Lock icon Perlis Plantation accepts offer for its Shangri-La M'sia stake
        315 12 Move enables it to divest from a hotel company whose earnings have AFX-Asia, Bridge News [KUALA LUMPUR] Perlis Plantation Bhd will accept the offer made by Shangri-La Asia Ltd for its 26.09 per cent stake in Shangri-La Hotels Malaysia Bhd. In
        AFX-Asia,; Bridge News  -  315 words
      • Article
        Lock icon Ekran gets KLSE public reprimand, fine for breaching listing rules
        288 12 It has to pay RM173,000 fine; 2nd breach this year Bernama [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) yesterday publicly reprimanded and fined Ekran Bhd for breaching its listing rules. It fined Ekran 173,000 Malaysian ringgit (5576,070) for breaching
        Bernama  -  288 words
      • Article
        Lock icon NatKap in reverse takeover deal with Pakara
        234 12  -  By'. Eugene Low [SINGAPORE] National Kap Ltd (NKL) has entered into an agreement with substantial shareholder Pakara Investments to purchase a 55 per cent stake in Hangzhou Narada Battery Co (HNB) for $8.1 million a deal which will result in the reverse takeover
        234 words
      • COMPANY Briefs
        • Article
          Lock icon I-One.Net on former CPF arrears
          160 12 [SINGAPORE] I-One.Net said the fact that some of its subsidiaries were in arrears of their CPF contributions during the economic crisis period was not disclosed in the prospectus as it was deemed an administrative matter which was resolved prior to the IPO application like all
          160 words
        • Article
          Lock icon More efficient trading for NOL odd lots
          103 12 [SINGAPORE] Neptune Orient Lines has arranged with GK Goh Stockbrokers to develop a more efficient odd-lot share trading system. The need for the odd-lot trading system arose from NOL's decision to reserve 20 per cent of its 447.5 million International Share Placement issue
          103 words
        • Article
          Lock icon Major Excel Machine owner cuts stake
          48 12 [SINGAPORE] Excel Machine Tools' substantial shareholder and director Robin Lau Chung Keong has, through Excellent Holdings, has sold 20 million Excel shares at 44 cents each. The sale reduced Excellent's stake in Excel to 34.81 per cent from 42.97 per cent previously.
          48 words
        • Article
          Lock icon GES ops stake in Thai unit
          56 12 [SINGAPORE] GES International said its wholly-owned subsidiary, GES Singapore Pte Ltd (GES), has increased its shareholdings in Digiland (Thailand) from 47 per cent to 100 per cent. A distributor of computers, computer peripherals and accessories in Thailand, Digiland Thailand has a total paid-up capital
          56 words
        • Article
          Lock icon DBS Asset Management sets up HK firm
          68 12 [SINGAPORE] DBS Asset Management (DBSAM) has set up a wholly-owned fund management and investment advisory company in Hongkong by acquiring a shell company on July 20. Subject to approval from the Hongkong Securities Futures Commission, the company will be renamed DBS Asset Management
          68 words
        • Article
          Lock icon UOL warrants oversubscribed 6.9%
          23 12 [SINGAPORE] United Overseas Land said its offer of 177.3 million warrants have been oversubscribed by about 6.9 per cent.
          23 words
    • INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon DaimlerChrysler blames disclosure
          80 13 Bloomberg [AUBURN HILLS, Michigan] DaimlerChrysler AG is blaming its 11 per cent share decline last week on poorly handled financial disclosures and costs, not its lower second-quarter profit. It plans to prevent further stock slides after quarterly earnings reports by adopting US-style disclosure procedures with details on
          Bloomberg  -  80 words
        • Article
          Lock icon Unilever Q2 profits up 8% to £726m
          71 13 Reuters [LONDON) Anglo-Dutch food and consumer products group Unilever yesterday reported an 8 per cent rise in second quarter 1999 profits, buoyed by a recovery in the economies of Asian and Pacific nations. The group reported pre-tax profits of £726 million (Ss2 billion),
          Reuters  -  71 words
        • Article
          Lock icon Lycos to buy Media Science for US$39m
          79 13 Bloomberg WALTHAM, Massachusetts] Lycos, the No 3 Internet search directory, agreed to buy closely-held Media Science for US$3B.B million (Ss66 million) in stock to bolster its Web site with software that plays music downloaded from the Internet. Lycos will issue 1.1 million shares
          Bloomberg  -  79 words
        • Article
          Lock icon Chevron to cut 2,700 jobs by mid-2000
          72 13 Bloomberg [SAN FRANCISCO] Chevron Corp, the fourth-largest US oil company, said it will cut 2,700 jobs by the middle of next year, 8 per cent more than it estimated six weeks ago and almost three times as many as it said in December.
          Bloomberg  -  72 words
      • Article
        Lock icon Volvo makes takeover bid for rival Scania
        469 13 Move aims to boost Volvo's position in Europe, N America Bloomberg [STOCKHOLM] Volvo AB, the world's second-largest truckmaker, offered to buy the 78.4 per cent of Scania AB that it doesn't already own, valuing its Swedish rival at 60.7 billion kronor (5512.4 billion).
        Bloomberg  -  469 words
      • Article, Illustration
        Lock icon GM to resume tie-up talks with Daewoo Motor
        539 13 It is looking at a controlling equity purchase Bloomberg [SEOUL] General Motors Corp (GM). the world's largest automaker, said yesterday it will resume talks about a possible business alliance with cash-strapped Daewoo Motor Co in South Korea, possibly including a controlling equity
        Bloomberg; REUTERS  -  539 words
      • Article, Illustration
        Lock icon Deutsche Telekom to buy One 2 One
        587 13 It pays £6.9b, takes on £1.5b of UK mobile phone firm's debt; deal reduces reliance on home market Bloomberg [BONN] Deutsche Telekom, Europe's largest phone company, will buy UK mobile telephone company One 2 One for £8.4 billion (5522.7 billion) as its reduces
        Bloomberg; AFP  -  587 words
      • Article
        Lock icon AT&T, BritTel investing US$1b in Toronto firm
        431 13 NYT, Reuters [TORONTO] AT&T and British Telecommunications pic have agreed to invest almost US$l billion (Ssl.7 billion) in a mobile phone company controlled by Rogers Communications of Toronto, creating the framework for a cable and phone communications network to take on the domestic
        NYT,; Reuters  -  431 words
      • Article
        Lock icon AOL dives on fear Microsoft will cut fee
        392 13 Bloomberg [DULLES, Virginia] America Online on Thursday lost about US$4.7 billion (SsB billion) from its market value after its shares dived on concern that Microsoft Corp, the world's largest software maker, will trirt or eliminate its Internet access fees in a move
        Bloomberg  -  392 words
      • Article
        Lock icon BAe to sell 20% Airbus voting rights: report
        234 13 AFP [FRANKFURT] British Aerospace (BAe) wants to sell its 20 per cent voting rights in the Airbus consortium, the daily Frankfurter Allgemeine Zeitung (FAZ) reported yesterday. Quoting "well informed sources", the newspaper said that BAe was hoping to sell its stake to
        AFP  -  234 words
      • Article
        Lock icon IBM being probed by British tax authority: report
        362 13 Reuters, Bloomberg [NEW YORK] Britain's tax authority is seeking to determine whether International Business Machines Corp (IBM) improperly avoided taxes in that country by having its British unit pay artificially high royalties to the parent company, the Wall Street Journal reported yesterday.
        Reuters,; Bloomberg  -  362 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon CME, Liffe to link their electronic trading systems
        450 14 Members will be able to trade each other's short-term interest rate products FT, Bloomberg [CHICAGO] The Chicago Mercantile Exchange and the London International Financial Futures and Options Exchange are to link their trading systems. This will enable their members to trade each
        FT,; Bloomberg; AFP  -  450 words
      • Article
        Lock icon Bear Stearns unit had major role in fraud: SEC
        444 14 It'll pay USs3B.sm in fines, restitution without admitting or denying charges NYT [NEW YORK] The Securities and Exchange Commission charged Thursday that a subsidiary of Bear Stearns Cos, Wall Street's sixth-largest brokerage firm, was a major force behind a fraud that
        NYT  -  444 words
      • Article, Illustration
        Lock icon Euro on northbound train but correction not ruled out
        402 14 Euro/US$: The unit barely retraced to a low of 1.0627 on Tuesday from last week's closing of 1.0710 before flying to a high of 1.0830 by Thursday. The unit was seen trading around 1.0755 yesterday morning. While the longerterm outlook remains
        Source: DBS Bank  -  402 words
      • Article, Illustration
        Lock icon Untitled
        902 15 DVTERBAMK CROSS RATES Aug t M naNtti nm «IM a. IB KfM m > r" X If\rt 978 tl.Ia a°*« t0M 1195 i055 *****44.459 0.751 7.003 2.475 1232 33£39 ***** 1093 4.034 1915 ***** 24JS2 0.404 o*«u ST o£ 0,80 °o1l S2 n l 2 Si "J™**" 80,3 W USfJSSS-
        902 words
      • Article
        Lock icon Untitled
        1719 15 SICOM FUTURES Aug 6 BUBKR (Www closing at 5 JOpra) RSSf CONTRACTU c«*s/kQ) CIom Votmo Open M 0 Low S«tt (tonnes) Intorost 9125 J20 0 Oct 99 95.50 300 Nov 99 97.00 300 Doc 99 98.75 300 Jon/Mar 00 102.25 300 Apr/Jun 00 105.75 J"»/Sep 00 108.75 RSS 3 CONTRACT
        1,719 words
      • Article
        Lock icon Support for futures fades near the close
        233 15  -  SI mini Reports MSCI Singapore Index Daphne Tay, Jardine Fleming CAUTION reigned in the Singapore stock market yesterday ahead of a long weekend and as investors keenly awaited the release of two US leading indicators to gauge the direction of interest rates. The
        233 words
      • Article
        Lock icon Futures continue to lose ground
        219 15  -  MSCI Taiwan fatores Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday continued its downward movement with a loss of eight points. The Taiex fell 136.21 points, bringing the total percentage loss to about 8.2 since the end of last month. The
        219 words
      • Article
        Lock icon Oil prices rise above US$20 mark for first time in 21 months
        181 15 ENERGY REPORT Reuters [LONDON] Oil prices surged briefly above US$2O a barrel yesterday for the first time in almost 21 months, buoyed by Opec supply curbs and strength in the refined products markets. Brent for September delivery in
        Reuters  -  181 words
      • Article
        Lock icon CURRENCY REPORT
        307 15 Reuters London THE dollar pushed higher across the board yesterday, but was unable to overcome several key chart barriers amid wariness ahead of US job data which will be critical for US interest rate expectations. Analysts said the reaction of US assets to July payroll figures, due out
        Reuters  -  307 words
    • Article
      Lock icon BT SHARE INFORMATION SERVICE
      4262 14 Nat Mm CM NoOelOesign Mar 30 P 1.334L 0.731 Ul 0.73 Date TT L* TV LY NottteGrp OISS) Mar 26 P 7.7271 0308 3.2L 0.10 Cw>iwt mm (tm) (tts) (cts) Oekwell Mar 23 P 0.622 2.449 0.76 3.06 OUB Mar 6 P 160 390 264.642 22.1
      4,262 words
    • Article, Illustration
      Lock icon HONGKONG
      1397 16 AFP QH&ngSeng -87.28 HONGKONG share prices dropped 0.7 per cent yesterday due to a lack of direction and continuing jitters about China-Taiwan tensions, dealers said. "It was not a very good day today. There's no good news," said South China Brokerage vice-chairman Howard Gorges. "People are still wary about
      AFP  -  1,397 words
    • Article, Illustration
      Lock icon CHINA
      529 16 Reuters n Shenzhen B Index -3.04 SHENZHEN'S hard currency B shares closed weaker yesterday as tensions between Beijing and Taipei loomed over regional markets, but came off steep lows in afternoon trade. The B share index slumped 3.04 points, or 3.12 per cent, to finish at 94.39. Turnover was
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  529 words
    • Article
      Lock icon TAIPEI
      344 16 AFP Q VP Index -13&21 TAIWAN share prices slumped 2 per cent yesterday to their worst close in nearly five months over fears of a military confrontation with China, dealers said. "Investors continue to show a lack of confidence in the market as the cross-strait tensions persist," said Grand
      AFP  -  344 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2257 16 LONDON Industrials AagS Hmt *h 31 Group 7.88 -0.30 Abbey National 9.06 -0.48 A 8 Foods 4.08 -0.06 A 8 Ports 2.99 -O.Ot AstraZeneca 22.15 -0.40 AWanca t Leicester 8.04 -0.28 AMed Domeeq 5.64 -0.07 AMed Zurich 7.13 -0.38 Anglo American Gold 43.70 unch ASOA Group —.2.20
      2,257 words
    • Article
      Lock icon TOKYO
      1629 16 AFP Q Nikkei 225 -273J6 SHARE prices in Tokyo fell 1.6 per cent yesterday, pressured by selling across the board in the face of the yen's strength against the dollar, brokers said. The Nikkei average of 225 selected issues on the Tokyo Stock Exchange lost 273.95 points to end
      AFP  -  1,629 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Program-selling overshadows bargain-hunting
        406 17 AFX Asia CI Composite Index -&89 MALAYSIAN share prices closed narrowly lower yesterday as steady foreign program-selling offset a modest spurt of bargain-hunting, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed down 2.89 points or 0.41 per cent at 703.09, off a high of 713.89.
        AFX Asia  -  406 words
      • Article
        Lock icon Untitled
        8488 17 INDUSTRIALS Consumer products 1999 Last Vol Day Nat Cap Hlgn Law Company Saia OOO High Low mM 440 255 A|inomoto 320 20.3 129.7 174 46 Angkasa 95 1.5 133 98 95 140.1 404 220 Apollo Food Hlg 290 10 14 290 278 10.1 116.0 294 115 BartayaLaod 168 -3 383
        8,488 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Commerce Asset wrt: a high-risk play
        175 18  -  WARRANT WATCH -By R Sivanithy ONE of the worst hit counters in the Malaysian market recently was that of finance firm Commerce Asset Holdings, possibly because of the restructuring the sector is to undergo. How exactly this might work isn't clear but Commerce does
        175 words
      • Article
        Lock icon CLOB INTERNATIONAL
        212 18 HONCKOM STOCKS Of Or S2-Wk Last Vat Day Last Ouat* Mv 0»» VM Nat M Cap Mt» L—r Stno Cam»awY Sala TOOO) Ht» Lai 8wyar Sa«af Cw M >«i 365 173 5123 COL (2000) MK 297 5 265 285 8 3.7 2.7 10.1 5885 9 5124 Cathay Pac
        212 words
      • Article
        Lock icon Untitled
        2089 18 Transaction date: Aug 6 BONDS, LOANS i WARRANTS an 52-Wk Last Vol Day Last Ouota A»g High Low Stno Company Sala COOO) High Lav Buy or Sallar Prtea 104 3 S 3160 »Ac«r ******1USS .7 _40.5 *03 305 44.5 40 40 5 ~41 80 4.5 s 3164 Acma ******4 38
        2,089 words
      • Article
        Lock icon WELLINGTON
        284 18 AFP Q Wellington -Oifl NEW Zealand share prices ended flat yesterday despite a rally by market heavyweight Telecom Corp. The NZSE-40 Capital Index was down 0.81 point at 2,189.05 on turnover worth NZ$B9.5 million. Telecom Corp rose three cents to NZsB.6B— AFP «B (000) Advantage HOS 2.40 -0.05 20
        AFP  -  284 words
      • Article, Illustration
        Lock icon BANGKOK
        865 18 AFP P SET Index -1(106 THAI share prices closed 2.2 per cent lower yesterday, led by banks and finance houses, as foreign investors cashed out of the market to buy dollars, dealers said. Kasem Prunratanamala from BNP Prime Peregrine Securities said bank and finance counters bore the brunt of
        AFP  -  865 words
      • Article
        Lock icon SEOUL
        401 18 AFP P Composite Index -0-81 SOUTH Korean share prices edged down 0.1 per cent yesterday in mixed trade, dealers said. Retail bargain-hunting offset continued foreign sell-offs triggered by higher money market rates and a perceived lack of progress in the Daewoo Group's restructuring, dealers said. The Composite Index closed
        AFP  -  401 words
      • Article
        Lock icon SYDNEY
        649 18 AFP QAH Ordinaries -IL9 AUSTRALIAN share prices fell 0.4 per cent yesterday, suffering from an undercurrent of weak sentiment, brokers said. The All Ordinaries Index closed 11.9 points lower at 3,007.00. The All Industrials Index fell 27 points to 5,187.10, while the All Resources Index climbed 2.6 points to
        AFP  -  649 words
      • Article, Illustration
        Lock icon JAKARTA
        724 18 AFP Composite Index +L 57 INDONESIAN share prices closed 0.3 per cent higher yesterday as selected stocks benefited from a technical rebound, dealers said. A dealer with a local brokerage said liquidity in the market was very tight with buying concentrated in select companies including pulp and paper firms
        AFP  -  724 words
      • Article
        Lock icon MANILA
        324 18 AFP CI Manila -49.6 PHILIPPINE share prices fell 2.1 per cent yesterday due to fears that the local currency would depreciate even further, analysts said. The Philippine Stock Ex change Composite Index fell 49.6 points to close at 2,298.64 points. Volume fell to 2.09 billion shares worth 2.11 billion
        AFP  -  324 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7360 19 Transaction date: Au& C Gr Gr M Wt U1 2 '*y eU Vol Day Last Quote oiv Oiv VW Net Cap A»g High Low SxNo Company Sato COOO) High Low Buyer Seller f« H P/l MMci MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c
      7,360 words
    • Article
      Lock icon SESDAQ
      1022 19 ——t- «»ts rJSL n»-*u. jz"sz c? MAMUFACTURM6 g S liSr&ASSSr=£ 4 1 'S B TJ 'Z! S" 81 o.V 'E? "7 "2 e 137 <* 228 139 135 136 137 23! ,?S SO C ARMComlOc 65.5 *15 4t5 66 61.5 65 t»S -S3 it 247 85 C 2001 AtiaMcSc
      1,022 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        356 20 Stacks VatwM KS Tech 10c 32,498,000 Gokfen Aqri USIOc 18,411,000 Hotunq In* MT5 12,357,000 Dei Monte USk 11,943,000 Asia FoodiProp 10,101,000 NOL 7,013,000 •Genting Int 6,934,000 *TanChonglnt50c 6,768,000 IPC Corpn 5c 6,344,000 Strike Engg 5c 5,989,000 Stacks DBS Foreign 28,143,395 KS Tech 10c 17,608,240 NatElecWc 16,628,600 •TanChonglnt50c 15,647,850 Keppei Corp
        356 words
      • Article, Illustration
        Lock icon Talk of trend reversal as market loses momentum
        554 20  -  STOCK MARKET COMMENTARY Deteriorating technicals and region-wide pressure; worry over way Western bourses are weakening By R Sivanithy POOR technicals and weak external conditions held the market firmly in their grip yesterday, although sentiment in the broad market improved slightly as the
        554 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Don't leave her without it
          68 20 A BUSINESSMAN trying to get a supplementary credit card for one of his girlfriends found his application rejected when he wrote "god-daughter" under relationship on the form. He tried again, using "niece", and was again rejected. So a friend suggested in jest that he apply
          68 words
        • Article
          Lock icon Ferex, risk management leaders
          93 20 DBS Bank has been ranked No 1 for foreign exchange and risk management by Singapore domestic corporates in a survey carried out by The Asset, a Hongkong-based financial magazine. Number two in the league table was HSBC followed by Citibank and Standard Chartered Bank. Singapore multinational
          93 words
        • Article
          Lock icon Nice change
          161 20 BEING the chief executive at Sing Tel Mobile isn't all about talk time, bandwidth and business strategy. So It was that Lucas Chow recently found himself to be one of the judges at a fashion modelling contest the Elite Model Look Singapore 99. Sing Tel was one of
          161 words
        • Article
          Lock icon A mouse next?
          84 20 PUBLIC relations firms are getting more creative in their effort to draw journalists to press events organised for their clients. Recently, Shandwick sent us a press invitation from Compaq Computer in an elongated wine glass. And yesterday, Paradigm, a local PR firm, sent us a press invite
          84 words
      • Article, Illustration
        Lock icon HOT STOCK
        55 20  -  -By Ven Sreenivasan KEPPEL Corp has support at around the $5.10 level, but faces stiff upside resistance at around the $6 level. The RSI and Stochastics suggest the counter will trade in this rather wide range in the short term before attempting a break out on a liquidity-driven
        55 words
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      25 11 If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another Classified Service
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      137 12 s I ;1" !t! s !:i i: i is ~j IV" I i i *je«* s 5 i; r•: k i s tu~.r _l_ t I 11~.f t a ~i.. i > u ..i.. i w.:• t a .X. i iLarnv a -i. > *T"T ••Mri T~r Kjr: sr*- tt
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      435 18 NOTICE IS HEREBY GIVEN that I, CHAN CHEE MUN NOTICE IS HEREBY GIVEN that I, Tan Poh Bay (Ms) of NOTICE IS HEREBY GIVEN that I, LEE SIONG TUCK of NOTICE IS HEREBY GIVEN that I,TAN BOON KIANG of TIMOTHY of 2 Duchess Walk Singapore *****1, have Lorong Marzuki S(*****8),
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      39 19 p| You buy, Construction BUILDING SOCIETY LTD "~"-««,u-, <* we will finance. *Bg Mo Kio Tel: 458 4222/4333 BeiCh Road Tel: 282 1458/1810 BeO* T»l: 445 8011/8255 Befclt !!■!> Tel: 487 1818/1818 Ellt Cent Tel: 348 8262/8283 Serugeon Tel: 288 «»"T'gPss
      39 words
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      1018 20 want to talk investments with your peers? Joinooru r forum at "http://iol.dbs. com .sg" gj[)[ is BANK THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES NLMiM NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, TENG PEH LAN of Blk
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      790 20 f CRESSET PTE LTD (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act (Chapter 50), a Final General Meeting of the Members of the abovenamed company will be held at 112 Middle Road *07-03 Midland House
      790 words